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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Nexxen International Ltd. - American Depository Shares (NASDAQ:NEXN)

Long-Term Uptrend (+90) - NEXN is in a strong uptrend that is likely to continue. While NEXN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NEXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for NEXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NEXN
Open High Low NEXN Price Change
5.75 5.85 5.73 5.78 +0.16
Entry Signal

MarketClub’s Trade Triangles for NEXN

long term up The long-term trend has been UP since Mar 4th, 2024 at 5.3500

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 5.2600

short term up The short-term trend has been UP since May 1st, 2024 at 5.7121

Smart Scan Analysis for NEXN

Based on our trend formula, NEXN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NEXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.75 5.85 5.73 5.78 +0.16
Prev. Close Volume Bid Ask Time
5.78 65943 2024-05-07 15:59:35
52wk High7.76552wk High Date2023-07-13
52wk Low3.15552wk Low Date2023-10-26
Average Volume40,393P/E Ratio-31.73330000
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